Regulation 3

any building or part thereof owned and occupied by any statutory board for which payment in lieu of tax is made under section 6(7) of the Act;

any building or part thereof owned and let by any statutory board, other than a statutory board specified in the Schedule, for which payment in lieu of tax is made under section 6(7) of the Act;

any building or part thereof situated or being erected on any land where the annual value of that property has been assessed as if it were vacant land under section 2(3)(b) of the Act; or

any building or part thereof situated or being erected on that part of any land which has been demarcated as excess land under section 2(5) of the Act and where the annual value has been separately assessed by deeming that part of the land as vacant land.